Friday, October 05, 2012

Weekly Stock Market Overview - Oct. 5, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 173.02 points or 1.29%. The Standard & Poor's 500 Index gained 20.26 points or 1.41%, while the Nasdaq Composite gained 19.96 points or 0.64%. Read More ...

The Financial sector was the strongest sector (3.01%) last week followed by the Health Care sector (2.62%). The Energy sector was the worst performing sector (0.20%) of the week followed by the Technology sector (0.21%).

The Industrial Goods sector is the most overvalued sector followed by Healthcare, while Medical Practitioners, Drugs - Generic, and Biotechnology are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Printed Circuit Boards, Semiconductor-Broad Line, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
11.90% STZ Constellation Brands Consumer Staples
9.06% LEN Lennar Corp. Consumer Discretionary
9.05% HIG Hartford Financial Svc.Gp. Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.66% HPQ Hewlett-Packard Information Technology
-8.24% JDSU JDS Uniphase Corp Information Technology
-6.96% NTAP NetApp, Inc. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 35
Uptrend Support 19
Uptrend Exhaustion 28
Uptrend Broken Support 8
Downtrend Resistance 25
Oversold 7